land trust documents - Posted by mike

Posted by Shawn on June 14, 2006 at 12:29:20:

You’ll need to convey title into the trust (grant deed, warranty deed etc.) Any other documents depend on which State (i.e.trust certification; some states want it up front and others when you sell) and which “trust guru” you are following.

land trust documents - Posted by mike

Posted by mike on June 13, 2006 at 22:04:20:

Besides the land trust itself, does anyone know what other documents or forms must be filled out when forming a land trust? Any help would be greatly appreciated.

Re: land trust documents - Posted by WAREIA

Posted by WAREIA on June 14, 2006 at 23:30:00:

  1. A Transfer Document such as a Warranty or Quit Claim Deed to deed the title to the Trustee, not the Trust.

  2. The Trust Document itself

  3. An Assignment of Beneficial Interest

  4. A Beneficiary Agreement

  5. Declaration of Unisured Deed

  6. Notification of Address Change for the Lender

  7. Notification of Address Change for the Insurer

  8. Possibly… a Use and Occupancy Agreement

  9. maybe an addendum or two